Funding you earn now, next payment 02:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.068%
Price spread now: BloFin against Lighter−0.370%7-day average −0.151% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 7 days+0.156%+$16 on $10k
+Price spread, last 3 days (all we have)+0.132%+$13 · spread now −0.370%, 7d avg −0.151%
=Together, before fees+0.288%+ Points / potential airdropLighter: Season 3 · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.219% cheaper against Lighter than usual: you would sell low and buy high (spread −0.370% now, against its 7-day average of −0.151%). If the spread goes back, that is −$22 on $10k: about 3.0 days of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.156% in total) that is about 9.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter LIT | 4.7288 | 0.0096 | pay 0.0012% / 1h | 50m 27s | $59.2M | $29.2M | 5x |
| Short | BloFin LIT-USDT | 4.7113 | 0.0340 | get 0.0170% / 4h | 2h 50m | $1.6M | $2.0M | 75x |
Lighter LIT
BloFin LIT-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $51.24
- Price spread: −0.370% → −0.151%
- −$21.94
- Slippage, 4 orders
- −$31.26
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$13.95
- Costs to cover
- 0.433%
- Break-even
- 8.9 days
Slippage from Lighter: live order book, 14 min ago; BloFin: live order book, 2 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 14 min ago | 0.10 bp | 5.7 bp −$6 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 2.87 bp | 22.6 bp −$23 | doesn't fit | doesn't fit | doesn't fit |
LIT on 42 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| 01 Exchange LITUSD | −0.0584% | 1h | 4.7184 | −0.220% | $33K | $4K | 5x | as long as short |
| Orderly PERP_LIT_USDC | −0.0474% | 4h | 4.7083 | −0.434% | $32K | $2K | 10x | as long as short |
| Deribit LIT_USDC-PERPETUAL | −0.0462% | 1h | 4.7157 | −0.277% | $41K | $40K | 10x | as long as short |
| Bullet LIT-USD | −0.0428% | 1h | 4.7123 | −0.349% | $85K | $72K | 20x | as long as short |
| Backpack LIT_USDC_PERP | −0.0350% | 1h | 4.7198 | −0.190% | $684K | $1.4M | 5x | as long as short |
| OKX LIT-USDT-SWAP | −0.0176% | 4h | 4.7235 | −0.112% | $25.7M | $64.0M | 50x | as long as short |
| GRVT LIT_USDT_Perp | −0.0152% | 4h | 4.6894 | −0.833% | $899K | $1.8M | 10x | as long as short |
| KuCoin LITUSDTM | −0.0138% | 4h | 4.7183 | −0.222% | $5.3M | $1.1M | 30x | as long as short |
| Gate LIT_USDT | −0.0122% | 4h | 4.7240 | −0.102% | $2.8M | $4.2M | 50x | as long as short |
| Phoenix LIT | −0.0102% | 1h | 4.6878 | −0.867% | $203K | $352K | 5x | as long as short |
01 Exchange LITUSD
Orderly PERP_LIT_USDC
Deribit LIT_USDC-PERPETUAL
Bullet LIT-USD
Backpack LIT_USDC_PERP
OKX LIT-USDT-SWAP
GRVT LIT_USDT_Perp
KuCoin LITUSDTM
Gate LIT_USDT
Phoenix LITShow all 42 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International LIT-PERP-INTX | −0.0080% | 1h | 4.7147 | −0.298% | $667K | $387K | 50x | as long as short |
| dYdX LIT-USD | 0.0000% | 1h | 4.7293 | +0.011% | $34K | — | 5x | as long as short |
| gTrade (Gains Network) LIT/USD | L +0.0003% / S 0.0000% | 1h | 4.7160 | −0.272% | $472 | — | 150x | as long as short |
| Injective LIT/USDC PERP | +0.0033% | 1h | 4.8040 | +1.590% | $422 | $178K | 5.5x | as long as short |
| Paradex LIT-USD-PERP | +0.0040% | 8h | 4.7197 | −0.193% | $7K | $2K | 5x | as long as short |
| RISEx LIT/USDC | +0.0081% | 1h | 4.7259 | −0.062% | $787K | $2.0M | 5x | as long as short |
| Lighter LITlong | +0.0096% | 1h | 4.7288 | long leg | $59.2M | $29.2M | 5x | |
| Bulk LIT-USD | +0.0096% | 1h | 4.6903 | −0.814% | $117K | $1K | 10x | as long as short |
| Nado LIT-PERP | +0.0100% | 1h | 4.7213 | −0.159% | $2.2M | $1.7M | 10x | as long as short |
| Hyperliquid LIT | +0.0100% | 1h | 4.7316 | +0.059% | $212.0M | $44.3M | 5x | as long as short |
| Aster LITUSDT | +0.0100% | 4h | 4.7300 | +0.025% | $12.7M | $2.1M | 50x | as long as short |
| Pacifica LIT | +0.0100% | 1h | 4.7256 | −0.068% | $585K | $1.6M | 10x | as long as short |
| Binance LITUSDT | +0.0100% | 4h | 4.7204 | −0.179% | $75.4M | $80.3M | 75x | as long as short |
| Bybit LITUSDT | +0.0100% | 4h | 4.7223 | −0.137% | $42.4M | $29.9M | 75x | as long as short |
| Arcus LIT-USD | +0.0100% | 1h | 4.7227 | −0.129% | $117K | $448K | 5x | as long as short |
| MEXC LIT_USDT | +0.0100% | 4h | 4.7198 | −0.190% | $5.4M | $4.0M | 100x | as long as short |
| Bitget LITUSDT | +0.0100% | 4h | 4.7250 | −0.080% | $6.7M | $2.7M | 20x | as long as short |
| edgeX LITUSDC | +0.0100% | 4h | 4.6843 | −0.942% | $285K | $305K | 10x | as long as short |
| ApeX Omni LITUSDT | +0.0100% | 1h | 4.6890 | −0.842% | $56K | $77K | 50x | as long as short |
| Polymarket Perps LIT-USD | +0.0100% | 1h | 4.7234 | −0.114% | $446K | $104K | 10x | as long as short |
| Derive LIT-PERP | +0.0100% | 1h | 4.7180 | −0.228% | $2K | — | 6.7x | as long as short |
| SunX LIT-USDT | +0.0100% | 4h | 4.7130 | −0.334% | $4K | $1.2M | 20x | as long as short |
| SoDEX LIT-USD | +0.0100% | 1h | 4.7135 | −0.324% | $1K | $457K | 5x | as long as short |
| HTX LIT-USDT | +0.0100% | 4h | 4.7065 | −0.472% | $188K | $354K | 30x | as long as short |
| Phemex LITUSDT | +0.0100% | 4h | 4.7120 | −0.355% | $1.4M | $2.7M | 20x | as long as short |
| Extended LIT-USD | +0.0104% | 1h | 4.7195 | −0.197% | $5.2M | $5.1M | 25x | as long as short |
| Aevo LIT-PERP | +0.0104% | 1h | 4.7111 | −0.375% | $147K | — | 3x | as long as short |
| Lighter RH LIT | +0.0168% | 1h | 4.7306 | +0.038% | $3.7M | $13.2M | 5x | as long as short |
| Aftermath Perps LITUSD | +0.0318% | 1h | 4.7082 | −0.435% | $9K | $209K | 10x | as long as short |
| BloFin LIT-USDTshort | +0.0340% | 4h | 4.7113 | −0.370% | $1.6M | $2.0M | 75x | |
| GMX LIT/USD [ETH-USDC] | L +0.0402% / S −0.0194% | 1h | 4.7168 | −0.255% | $64K | — | 50x | as long as short |
| Perpl LIT | +0.0447% | 43m | 4.7150 | −0.291% | $31K | $860K | 33x | as long as short |
Coinbase International LIT-PERP-INTX
dYdX LIT-USD
gTrade (Gains Network) LIT/USD
Injective LIT/USDC PERP
Paradex LIT-USD-PERP
RISEx LIT/USDC
Bulk LIT-USD
Nado LIT-PERP
Hyperliquid LIT
Aster LITUSDT
Pacifica LIT
Binance LITUSDT
Bybit LITUSDT
Arcus LIT-USD
MEXC LIT_USDT
Bitget LITUSDT
edgeX LITUSDC
ApeX Omni LITUSDT
Polymarket Perps LIT-USD
Derive LIT-PERP
SunX LIT-USDT
SoDEX LIT-USD
HTX LIT-USDT
Phemex LITUSDT
Extended LIT-USD
Aevo LIT-PERP
Lighter RH LIT
Aftermath Perps LITUSD
GMX LIT/USD [ETH-USDC]
Perpl LIT